How Risky Are Recessions for Top Earners?
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How sensitive are the earnings of top earners to business cycles? And, how does the business cycle sensitivity of top earners vary by industry? We use a confidential dataset on earnings histories of US males from the Social Security Administration. On average, individuals in the top 1% of the
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美国国家经济研究局创建时间:
2014-01-01



